401(k) · DOL Form 5500 · 2023

Hillenbrand, Inc. 401(k) Plan

Data updated 2026-08-25

$512M
Total assets Above avg plan size
3,008
Participants Above avg headcount
97th
Percentile by assets National rank
$170,121
Avg per participant Above avg balance/head
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Official DOL plan name: Process Equipment Group 401(k) Savings Plan · Sponsored by Hillenbrand, Inc. · Indiana · Management of Enterprises

$512M in assets, 3,008 participants

Hillenbrand, Inc.'s Process Equipment Group 401(k) Savings Plan reported $512M in total assets and 3,008 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,029 in Management of Enterprises (1,137 peers)

Coverage in Indiana

Process Equipment Group 401(k) Savings Plan covers 3,008 participants in Indiana, 5.6x the typical Indiana plan (state average ~541 per filing). Assets: $512M.

#1,029
in Management of Enterprises (1,137 peers)
+17.2%
assets growth YoY
5.1×
vs typical plan assets (national mean)

Process Equipment Group 401(k) Savings Plan's outsized position by total assets

Process Equipment Group 401(k) Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$511,724,971 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Process Equipment Group 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Process Equipment Group 401(k) Savings Plan lands in the large band (3,008 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Process Equipment Group 401(k) Savings Plan reported net income rose from -$100M in the plan year 2022 filing to $69M in the plan year 2023 filing.
  • Process Equipment Group 401(k) Savings Plan end-of-year assets rose from $437M in the plan year 2022 filing to $512M in the plan year 2023 filing.
  • Process Equipment Group 401(k) Savings Plan reported participants rose from 2,794 in the plan year 2022 filing to 3,008 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 261342272 · Hillenbrand, Inc. PY 2023 · 401(k)

Process Equipment Group 401(k) Savings Plan · $512M · 3,008 · 97th

  • BOOK $512M
  • BOOK 3,008
  • BOOK 97th
  • BOOK 401(k)
  • BOOK near Kilpatrick Townsend & Stockton LLP Retirement Savings Plan
  • BOOK ind #1029

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Management of Enterprises retirement plans → · Plans in Indiana →

Process Equipment Group 401(k) Savings Plan in the asset neighbourhood

Kilpatrick Townsend & Stockton LLP Retirement Savings PlanKilpatrick Townsend & Stockt…$512MProcess Equipment Group 401(k) Savings PlanProcess Equipment Group 401(…$512MIrvine Company Unified Savings PlanIrvine Company Unified Savin…$512MSound Physicians 401(k) Plan$511MAaa Club Alliance Inc. 401(k) Retirement Savings PlanAaa Club Alliance Inc. 401(k…$511M
End-of-year total assets ($M) among Process Equipment Group 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$437M
Net Assets (End of Year)$512M
Net Income$69M
Employer EIN261342272
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hillenbrand, Inc.)

Sponsor-wide plan assets over time

All Hillenbrand, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$575M 16.132553883043418% vs 2022
2024 filing year
$550M$600M$650M$700M$750M 202220232024 $685M $575M ▼ -16.1%
Year Plans Participants Total Assets
2022 3 4,180 $685M
2023 2 3,526 $700M
2024 2 2,032 $575M

Nearby 401(k) Plans in Indiana

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Process Equipment Group 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Process Equipment Group 401(k) Savings Plan, Total assets ($B): 0.511724971 · Participants: 3008Process Equipment Group 401(k) Savings PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Process Equipment Group 401(k) Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Process Equipment Group 401(k) Savings Plan side-by-side with 3 peers →

Process Equipment Group 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Kilpatrick Townsend & Stockton LLP Retirement Savings Plan in GA ($512M); by covered participants it is Securian Financial Group, Inc. Performance Share Plan in MN (3,008 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($512M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,008 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Process Equipment Group 401(k) Savings Plan assets move in 2023? ▼
Process Equipment Group 401(k) Savings Plan grew sharply - up 17.2% during 2023, from $437M to $512M. Reported net income was $69M.
How have Hillenbrand, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hillenbrand, Inc.'s sponsor-wide assets declined 16.1%, from $685M to $575M.
Where does Process Equipment Group 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Process Equipment Group 401(k) Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Process Equipment Group 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kilpatrick Townsend & Stockton LLP Retirement Savings Plan in GA ($512M, 806 participants).
Which 401(k) plans cover a similar participant headcount to Process Equipment Group 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Securian Financial Group, Inc. Performance Share Plan in MN (3,008 participants, $916M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 261342272.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.